Plaintiffs sued on behalf of themselves and a putative class of investors who bought or sold futures contracts based on the Korean KOSPI 200 stock index during overnight trading in 2012. The class that Plaintiffs sought to represent consisted of...

Bank of America offered $39.9 million to settle claims relating to representations and warranties on mortgages conveyed to an RMBS Trust. An investor in the Trust petitioned the New York State Supreme Court to direct the Trustee, Deutsche Bank National...

Compass Lexecon President Daniel R. Fischel and Professor Bradford Cornell Testify at Trial After Lehman Brothers Holdings Inc., (“Lehman”) filed for bankruptcy, Trustees for 244 RMBS Trusts filed claims arising out of alleged breaches of representations and warranties on mortgages...

Compass Lexecon was retained on behalf of JP Morgan Investment Management (JPMIM) in two cases brought by AMBAC and Assured Guaranty alleging gross negligence and breaches of contract related to investment decisions for assets in two triple X securitizations providing...

Compass Lexecon President Daniel R. Fischel Makes Recommendations and Testifies at Trial In this matter, JP Morgan offered a $4.5 billion settlement to Trustees for 330 RMBS Trusts to settle claims relating to representations, warranties, documentation and servicing on mortgages...

Court Relies on Analysis by Compass Lexecon Senior Affiliate Professor Christopher L. Culp In Re: North Sea Brent Crude Oil Futures Litigation On March 29, 2016, Judge Andrew L. Carter, Jr. in the Southern District of New York issued an...

Compass Lexecon Senior Consultant Professor Bradford Cornell was retained by Michael Kraut, Rollin Chippey, II and Benjamin Smith of Morgan, Lewis & Bockius LLP, Jean-Marie Atamian of Mayer Brown LLP and Thomas Ross Hooper of Seward & Kissel LLP, to...

Compass Lexecon Senior Advisor Dr. Jonathan Arnold Testifies Successfully for Plaintiffs This case involved a multi-year Ponzi-like scheme to siphon funds from life insurance companies and bank trust accounts established to fund funeral services purchased in advance of death. Compass...

On November 12, 2013, US Airways and American Airlines announced that they had reached a proposed settlement with the Department of Justice (DOJ) and several states to end the litigation challenging their merger and that, as a result, they expect...

FTC Relies Heavily on Econometric Analyses On November 1, 2013, the United States' Federal Trade Commission provided regulatory clearance for the merger of OfficeMax and Office Depot, two of the largest office supplies retail chains in the United States. The...

On February 6, 2012, JPMorgan Chase reached an agreement with a potential class of debit cardholders who allege that JPMorgan Chase charged excessive overdraft fees on debit cards. Plaintiffs’ claims stem from the bank’s method of posting transactions in a...